ZAR/NAD
Market Open
15 Jun, 11:19
N$
1. 011641
+0.022528
+2.2776%
N$
1 Volume
N$ 0.989113
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ZARNAD Overview
ZARNAD denotes the exchange rate of the South African Rand (ZAR) relative to the Namibian Dollar (NAD), showing how many Namibian dollars are required to buy one rand. It tracks the relative value of the two currencies used across southern Africa and is quoted in FX markets and cross-border settlements.
The South African Rand is the official currency of South Africa, issued and regulated by the South African Reserve Bank (SARB). As a currency of a major regional economy, the rand is influenced by domestic monetary policy, commodity exports and broader emerging-market capital flows.
The Namibian Dollar serves as Namibia’s legal tender and is issued by the Bank of Namibia. Namibia maintains a close monetary relationship with South Africa; the NAD is commonly kept at or near parity with the rand and both currencies circulate within Namibian borders, linking their liquidity and usage.
Movements in the ZARNAD rate are driven by supply and demand dynamics, interest rate differentials, inflation trends, central bank actions, trade balances and geopolitical developments. Commodity prices and cross-border capital flows can also exert meaningful influence.
For traders, importers and investors, ZARNAD matters for pricing, hedging and exposure management when operating in the regional trading corridor between South Africa and Namibia.
The South African Rand is the official currency of South Africa, issued and regulated by the South African Reserve Bank (SARB). As a currency of a major regional economy, the rand is influenced by domestic monetary policy, commodity exports and broader emerging-market capital flows.
The Namibian Dollar serves as Namibia’s legal tender and is issued by the Bank of Namibia. Namibia maintains a close monetary relationship with South Africa; the NAD is commonly kept at or near parity with the rand and both currencies circulate within Namibian borders, linking their liquidity and usage.
Movements in the ZARNAD rate are driven by supply and demand dynamics, interest rate differentials, inflation trends, central bank actions, trade balances and geopolitical developments. Commodity prices and cross-border capital flows can also exert meaningful influence.
For traders, importers and investors, ZARNAD matters for pricing, hedging and exposure management when operating in the regional trading corridor between South Africa and Namibia.
ZARNAD Chart
ZARNAD FAQ
What is the current ZAR/NAD price?
The current rate is N$1.011641, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the ZAR/NAD rate changed today?
The rate has changed by +0.022528 (+2.2776%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was N$0.989113, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is ZAR/NAD moving up or down?
Movements in ZAR/NAD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+2.2776%) is based on the difference between the current rate and the previous closing rate.
Is ZAR/NAD trending up or down right now?
If the current rate (N$1.011641) is above the previous close (N$0.989113), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for ZAR/NAD directly on this page.
